Local Rule Rule 3017.1-1: Chapter 11—Small Business; Disclosure Statement.

Rule 3017.1-1. Chapter 11—Small Business; Disclosure Statement.

The following procedures apply to a debtor's request either for a determination that no separate disclosure statement is required because the plan provides adequate information, or for conditional approval of the disclosure statement:

(a) No later than 14 days before the filing of the plan and, if applicable, the disclosure statement, the debtor must serve a copy of those documents on the UST, creditors' committee, any involved taxing authority, secured creditors, and any entity that has requested all notices. No later than seven days after service, the parties served must inform the debtor of any objection to approval of the disclosure statement, or to the disclosure aspects of a plan combined with a disclosure statement.

(b) If the debtor seeks conditional approval of a disclosure statement, the debtor must file the disclosure statement and plan in a form to which the UST has agreed.

(c) When filed, the plan and, if applicable, disclosure statement must be accompanied by a certificate on LBF 1165.5.

(d) If no timely objection under (a) remains unresolved, the court may determine that a separate disclosure statement is not necessary or may conditionally approve the disclosure statement. The court will prepare an order regarding the disclosure statement and notice of a confirmation hearing and deliver it to the debtor for service.

Cross-references: • Chapter 11—Effect of a Claim Objection on Allowance of a Claim for Voting Purposes – LBR 3007-1(b). • Chapter 11—Small Business; Creditors' Committee – LBR 1020-1.